ArthSwap is the biggest decentralized exchange (DEX) on Astar Network.
The IDO for “$ARSW” token held on 4/16 has received a great response, with 1 million tokens sold out in only 2 minutes at 1 ARSW = $0.5.
Index
- What Is ArthShot
- What We Support
- First Project on ArthShot
- Roadmap
- About ArthSwap
ArthSwap has announced the launch of its Acceleration Project, “ArthShot”. With this IDO, ArthSwap has graduated from Astar Network’s Incubation Program and will launch a new program of its own. There are two main reasons for this.
First one is the promotion of the growth of the Astar Network.
Astar is currently growing and hit over $2 billion in market capitalization, but it is still in its development stage. For further expansion in the future, it will be necessary for more dApps to be built and grow on Astar Network.
Second, ArthSwap is the infrastructure that lists all tokens on Astar.
ArthSwap currently lists 10 tokens, but we will be able to trade all tokens on the Astar Network in the future, and we will focus on ArthShot as a way to grow with each service listed on ArthSwap.
What We Support
①Strategy Development
We will build the strategy with the founders that will allow dApps to accelerate, and based on our experiences, we will support their journey to maximize their potential.
②Marketing
The PR support by ArthSwap, with over 100K followers on Twitter, will help increase dApps' brand recognition and trust. Furthermore, ArthSwap has many connections with influential media, which will contribute to expanding global awareness.
③Community Management
Although it requires resources and knowledge, building an interactive community is essential for dApps. We have in-depth experience and resources on how to manage a community.
④Provides Seed Funding
We will also consider providing seed funding for protocols. Moreover, we will share as many of our investor connections as possible to help raise the capital needed to launch the service.
⑤Successful IDO
The IDO is a very important event including fundraising, recognition of the valuation, and so on.
Not only will we provide strategic support for IDO on ArthSwap Launchpad, but we will also provide long-term support for keeping the token price up afterward.
So far, an overview of ArthShot has been given.
We will now move on to the introduction of Starlay as a specific case of acceleration by ArthSwap.
First Project on ArthShot: Starlay Finance
Starlay Finance is a protocol for users to quickly and easily deposit and borrow assets on Astar Network. It is currently the largest TVL service on Defi on Polkadot.
As noted in this article, ArthSwap and Starlay have partnered and collaborated with each other since before the launch of Starlay..
Within a month since the launch on February 28th, 2022, TVL exceeded $100M and is now over $200M and still growing.
And now, Starlay has officially been selected as the first protocol to be supported by ArthShot. We have already started building IDO and long-term strategy together.
The following is a comment from Starlay’s founder, NEO.
“Working together on ArthShot, we developed a strategy that allowed us to release the protocol with confidence. Even after the release, they helped us with marketing and community management, and I think the quality of the service is very high. They are also easy to work with because of their quick response and responsible attitude.”
Roadmap
After the IDO, ArthSwap plans to establish various utilities for ARSW tokens. For example, ARSW tokens can be used to get the tokens of the potential dApps adopted by ArthShot before the IDO.
ArthSwap is now accepting entries for ArthShot in order to become the core of the Astar ecosystem together with more dApps. The process for selection is (1) submit the TypeForm and (2) several interviews with ArthSwap.
Even if not selected for ArthShot, we would like to support various aspects such as listing on ArthSwap, IDO on ArthSwap Launchpad, and creation of liquidity pools.
We are waiting for applications from you guys!
Please submit the following Typeform.
About ArthSwap
ArthSwap is a one-stop Defi protocol aiming to become a leading DEX on Astar Network.
Its main functions are going to be swapping, staking, liquidity mining, and we will have more functions on the way!
We focus on growth in the Astar Network ecosystem and are willing to optimize all the elements for Astar, so we consider ourselves as an “Astar-native” dApp. ArthSwap to Astar is what Trader Joe is to Avalanche, what Quickswap is to Polygon, and what Uniswap is to Ethereum!
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